Inflation & Prices
German Inflation Quickens to Record as ECB Weighs Next Hike
- Consumer prices rose by 8.8% from year ago in July; est. 8.8%
- Spanish price growth slowed, with euro-area data due Wednesday
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German inflation accelerated to the most since the euro was introduced on soaring energy prices, bolstering calls for a jumbo interest-rate increase when the European Central Bank meets next week.